Dallas, a vibrant metropolis in the state of Texas, is home to several high-growth startups that are reshaping the landscape of the financial services industry. Dallas was born from entrepreneurial spirit and continues to nourish it by fostering a supportive business environment ripe for innovation. Further, with its central location and favorable state policies, the city presents startups with expansive potential customer base and access to a large pool of highly skilled talent. This article is a celebration of startups in the financial services sector, that were launched in or after 2020, and are creating revolutionary financial products and services in Dallas.
The past year has seen a boom in financial startups providing a range of services, from banking to insurance, from financing solutions to wealth management. Relying on the power of technology, these startups are breaking traditional barriers, making financial services more accessible, cost-effective, and user-friendly. From redefining consumer fintech experiences to offering solutions for those usually declined by other financial services, these startups are working towards reshaping the industry.
The startups enlisted below are a testament to Dallas’ dynamic startup ecosystem and its contribution to the financial services sector. These fledgling companies have not only weathered the storm that was 2020, but have also managed to thrive, turning challenges into opportunities. Here they are:
Founded by Mark Bechhofer and Ruben Izmailyan, Quiltt operates at the intersection of Banking, Developer APIs, Financial Services, FinTech, Personal Finance, and Software industries. It offers a platform that simplifies the integration of diverse consumer fintech experiences into any app. Connect with them on LinkedIn or follow them on Twitter at @quilttfintech.
Created by Ken Rees and Shane Foster, Covered Care provides financial services to healthcare sector. Its programs support patients who are usually rejected by other financing options, thereby helping businesses navigate through economic challenges.
Providing services in employee benefits, financial services, and insurance sector, Upland Capital Group offers a variety of services including excess transportation liability, public entity, primary casualty, among others. Connect with them on LinkedIn.
With its foundation in the commercial real estate and financial services industries, Ignite Investments uses its experience to establish optimal deal structures designed to maximize profits for investors and sponsors alike. Connect with them on LinkedIn.
Founded by Eugene McNeil and Michael Harry in 2020, Privvy allows homeowners to access the equity that they were told was inaccessible. Thus, revolutionizing the fintech and real estate industries. Connect with them on Facebook and LinkedIn.